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Episode 824Dec 1, 2022

Why was so much money sitting in FTX?

Plus, election detritus.

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Why was so much money sitting in FTX?
Photo illustration by Leon Neal/Getty Images

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When the former cryptocurrency exchange FTX went under, billions of dollars in investments seemingly vanished. A listener asked us why FTX customers didn’t move money to a wallet. We’ll get into it and answer more of your questions about what happens when your company goes public and who benefits when you make a charitable donation at the grocery store checkout lane. Also, where do political campaign signs end up when the election’s over?

Here’s everything we talked about today:

If you’ve got a question about the economy, business or technology, let us know. We’re at makemesmart@marketplace.org, or leave us a message at 508-U-B-SMART.

The Team